Example Rental

Class B-, built in the mid 1980s, we did some internal modernizing and a new roof

Return to Track Record

4954 S Germantown Rd Memphis, Tennessee 38141

  • 4 Beds
  • 2.0 Baths
  • 1,643 Sqft
  • -3.99% Cash on Cash

Cost & Income

Purchase Price
$215,319
Renovation Costs
$25,993
Development Fee
$3,500
Total Basis
$244,812
Purchase Date
06/24/22
Date Rented -1362 days
Gross Rent
$1,395/mo
Vacancy (5.00%)
($6)
Property Mgmt (7.50%)
($105)
Other Expenses
($579)
Net Operating Income
$705/mo
Cap Rate
3.46%

Levered Cash Return
Not including any appreciation

Appraised Value
$232,997
Loan (75% LTV)
$174,748
LTC %
71%
Cash In
$70,064
Yield on Cash
-0.39%
Net Operating Income
$8,462
Debt Service (P&I)
($11,254)
Cash Flow -3.99%
$-2,792
Principal Paydown 3.59%
$2,516
Total Income
$-276
4954 S Germantown Rd
Estimated Value
$232,997
Value Over Cost
$-11,815
Initial Capital Gain
-4.83%

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